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there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would disagree on a microsoft side. microsoft reported their original os 8 numbers. they didn't give any of the surface numbers there. i think you're exactly right in terms of android. especially in an emerging market, that's becoming a bigger deal. keep in mind it's getting to some of these numbers for next year, it doesn't require the big apple growth that they've had. in other words, if they can just gain a fractional share and get to where they want to go. let android have a lot of the emerging markets and apple can beat the street numbers for 2013. >> gene, brian kelly.
there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would...
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Dec 6, 2012
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite r
. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on...
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Dec 10, 2012
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what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right, finally, this john mcafee story is right out of hollywood. we need to start casting the movie. one likely candidate is vladic sheybal who played dr. boogalow. but i found the late, great roy shader, seen as bob fossey in "all that jazz." unfortunately, they are both dead. so, casting remains open. i see on the set one person with facial hair and i think -- if pete had a really, really, really hard weekend, monday morning, he could play john mcafee. >> i had a rough one this weekend, as a matter of fact. boy, that was tough. >> little extra time with tequila mocking bird. >> meggings were too tight? >> no meggings here. >> have you hear
what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right,...
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starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this hour security tightens in egypt as law protests new supporters are nothing and so president mohamed morsi are said to confront each other again as the nation ready for a referendum on the job constitution plus. he says well. he won't have no bread. i said way way to maybe one day you mean. he's saying he will never hand and true. blood from having a baby we see if the victims of the usa jennings program have any chance of having their personal tragedies recognize this story and much more after a short break. an artist was arrested for putting up posters critical of drone usage all over new york ci
starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this...
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from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their advantage companies like. the head office is based in luxemburg which they claim is the center of the economic operations which is handy as luxembourg so well known in tax haven where companies can enjoy a lower tax rate but hang on a minute here one of amundsen's must've disturb the sense that it is based in the u.k. in fact the reality is that many of our customers to their employees and many will distribute incentives like this while i respect base here in the united kingdom so it's not hard to see that the relatively small luxembourg office is n
from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different...
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Dec 13, 2012
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apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the second ranking democrat in the next congress -- i'm sorry, don't i wish -- the second ranking republican in the next congress -- joined the chorus in calling on speaker boehner to do the reasonable thing. here's what he said. i believe we're going to pass it sooner rather than later. we really don't have much leverage there because those rates -- >> i'll take it back from harry reid while we try and figure out this audio issue that we're clearly having from the majority leader and his comments down in the nation's capitol as the democratic leadership gets its turn, if you will, at the microphone for an updat
apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the...
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pressure for him to find alternative sources of income to go after giants like starbucks, amazon and google, which have taken advantage of loopholes to allow them to pay minimal tax in britain. >> not paying their fair share, despite being over the u.k. on every high street. it's gisting behavior. i pay my tax, why not starbucks? >> sometimes they position themselveses in other country to avoid paying high taxes here and britain. amazon did $320 million in turnover in the u.k. it paid less than $3 million in british tax. all of this within the law but parliamentary law accused them of immorally minimizing the tax obligation. some say don't blame the big guys. >> i don't moral is the way we ought to levy our taxes. it should be set out in law and fairly enforced by the tax authority. individuals have their own moral compass that guides what they choose to do. >> starbucks does appear to feel the heat of public pressure. saying we need to do more. we are looking at the tax approach in the u.k. the u.k. said it will tighten its tax regime but it has not said how. other european countrys have s
pressure for him to find alternative sources of income to go after giants like starbucks, amazon and google, which have taken advantage of loopholes to allow them to pay minimal tax in britain. >> not paying their fair share, despite being over the u.k. on every high street. it's gisting behavior. i pay my tax, why not starbucks? >> sometimes they position themselveses in other country to avoid paying high taxes here and britain. amazon did $320 million in turnover in the u.k. it...
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that isn't working out so well for them but google is also trying to do this. this isn't just a apple thing. a number of companies trying to do some manufacturing here. apple last quarter made about 50 million things. they are a huge manufacturer. just under 1 million of those were desktop macs. so we're talking about a small sliver of what apple actually makes. >> jon, i wonder, how you would characterize the change in culture from steve jobs to tim cook. i might characterize it this way. mr. cook feels like velvet glove, iron fist. mr. jobs was iron glove, iron fist. >> well, i'm not sure which glove hits harder. you take a look at some of the executive shuffling that we've seen under the tim cook regime. that's significant. we didn't see steve jobs do things quite in that way so he's not afraid to make changes. he's also done stuff with a dividend that we've seen. he's done things with apple, also being more open with wall street. so a few things that he's done also in charitable giving that are different. >> i would chime in and add, this is definitely a mo
that isn't working out so well for them but google is also trying to do this. this isn't just a apple thing. a number of companies trying to do some manufacturing here. apple last quarter made about 50 million things. they are a huge manufacturer. just under 1 million of those were desktop macs. so we're talking about a small sliver of what apple actually makes. >> jon, i wonder, how you would characterize the change in culture from steve jobs to tim cook. i might characterize it this...
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once before you actually believe tax avoid it's ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from surf r.t. london. excuse for a jailed human rights activist in bahrain tonight leading campaign in his prison term cut from three to two years on appeal. but there's been widespread calls for his release following his conviction in august for organizing illegal gatherings and inciting violence international pressure is mounting on the monarchy to stop persecuting political activists i spoke to had a over salaries of from a bahraini m.p. and human rights activist in manama he says the sentence was reduced to appease the international rights groups. unfortunately we hear toda
once before you actually believe tax avoid it's ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient use of google and groupon. >> may be that if rumors are right. if rumors are right, it may be that. we may have that before long. >> by the way, herb, can you stick around for this one as well because i believe you've got a little bet hanging in the balance, brian. jcpenney, your prediction. >> stocks up a bit. before the prediction, i want to say, enof the year isn't here. stock has to go up 15 points. if it does, still beat brian on the bet. >> you think jcpenney is going to double in two weeks. >> i said all it has to do is rise another 15 points. >> jan turned positive, talked to a focus group who said they lov
google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient...
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the tax avoid is ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah ferguson r.t. london just spoke to one man disease from a dutch based firm specializing in tax avoidance helping clients use legal loopholes in setting up companies and tax haven see insists though people have an obligation to pay as little as they can. taxation is actually a very inefficient way to get services it's much more efficient over done by the free market in a free market when there is competition between companies prices go down and quality goes up. but when when you allow government to take a huge chunk of the nation's income through taxation the result is not just that it's detr
the tax avoid is ok to legally tell you what starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. bahrain's leading human rights activists is staying behind bars but nothing about jobs got a three year sentence reduced on appeal despite international pressure on the mall . he to stop persecuting political activists we talk more about that but later the story of an american woman who was forcibly sterilized as a teenager is part of a government program to build a so-called healthy nation as a couple of the many and very stories we got ahead of this. an artist was arrested for putting up posters critical of drone usage all over new york city the p
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok is that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london let's go next perhaps you should we talk to our members he's from a dutch based firm specializing in tax avoidance of the term right helping clients use legal loopholes. and setting up companies in tax havens get even to serve but you're popular with some people everybody wants to pay as little tax as possible as one of those things we've all got to pay it we're talking about the e.u. losing around a trillion euros a year from tax avoidance and evasion how do you justify this journey of crisis when people are seeing what little cash they have got al
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok is that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >> wash my hair. no, i had a -- no, i would have come. i did. i had a lunch. >> it was in the city. >> no. >> you were so close, you came across the bridge? >> i also had to meet with my style team. >> okay. >> my style is lacking, apparently. >> another historic night at madison square garden and the 12-12-12 concert brought relief for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually
the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >>...
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly monetize u >> kansas city, delivering one gigabyte for $30 a month. so interesting to follow this company, generating enormous amounts of cash flow. >> trade off of that. invest in it, they are investing so much in the future. the idea of a superior map product driving google over 700, starting to climb back where it was after that horribly disappointing quarter? i got facebook at 20. i get that. facebook said we got a way to monetize, but the idea, wow, you know what, those maps, which we know are superior, we should buy google off it? >> maybe just the people are taking money out of apple and putting it elsewher
it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly...
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performer this month and even though it may not have as much market share momentum as the big rivals google and ale, take a look at the performance, at least since the start of december. back to you. >> has rimm moved too far too fast or is this the best to come for this shot? let's start talking numbers. chief market technician on oppenheimer and on the fundamentals herb greenberg, our senior stocks commentator. is there more to this than hopes for the blackberry 10? the stock is on fire lately. >> maria, it's buying on the rumor. ultimately selling on the news. so classic wall street with a heavily shorted stock, a stock believe don't believe, and people have been dying the stocks just like rim based on, you know, an announcement that they will roll the thing out. remember, there's a lot that has to be done once this thing comes out and prove it to the marketplace, but in my eyes it's classic. >> classic. carter, what's the chart say? >> sure. just as herb said, it's been moving aggressively, and it really isn't about the fundamentals. there are none. the fundamentals are terrible, but wh
performer this month and even though it may not have as much market share momentum as the big rivals google and ale, take a look at the performance, at least since the start of december. back to you. >> has rimm moved too far too fast or is this the best to come for this shot? let's start talking numbers. chief market technician on oppenheimer and on the fundamentals herb greenberg, our senior stocks commentator. is there more to this than hopes for the blackberry 10? the stock is on fire...
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cut success untaught success story you expect do you expect google amazon other u.s. multinationals to follow suit or even to broaden this campaign and yeah i think the issue here is clearly we're glad that they're getting movement we're getting traction and there's signs that people are starting to wake up to the problem even those people like osborne and alexander who before bury their heads in the sand but the question here is not this is important you know starbucks google and amazon. enter negotiations but it's not up to them to change the law they. you know be covering up massively more but the government should be taken strong action to stop it in the future and have new legislation have new laws to say right this is tax avoidance if it looks like tax avoidance and it smells like tax burdens is tax avoidance we can have a broad principle that rules out the why is what the companies one they want this thing called a. regulation which is just another way where they can hire expensive accountants to get around the law and then siphon the money paid there indeed th
cut success untaught success story you expect do you expect google amazon other u.s. multinationals to follow suit or even to broaden this campaign and yeah i think the issue here is clearly we're glad that they're getting movement we're getting traction and there's signs that people are starting to wake up to the problem even those people like osborne and alexander who before bury their heads in the sand but the question here is not this is important you know starbucks google and amazon. enter...
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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if you can find companies like google and apple, you would stay with apple? >> absolutely. one of the great bragrands domit here, apple will do well. >> you are saying, keep your eye on the longer term. don't look at every breath for this clip business. try to have a long der term. >> if you are trying to dance aren't what a politician is saying over here. in guesting for the long-term you have to look three or five years out. >> all right folks the real divide in america is not just the rich and the poor it is between private and public workers. don't think the folks haven't figured that out. we have an eye opening poll for you on that subject. stay with us please. work hard . since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ [ engine revs ] ♪ [ male anno
if you can find companies like google and apple, you would stay with apple? >> absolutely. one of the great bragrands domit here, apple will do well. >> you are saying, keep your eye on the longer term. don't look at every breath for this clip business. try to have a long der term. >> if you are trying to dance aren't what a politician is saying over here. in guesting for the long-term you have to look three or five years out. >> all right folks the real divide in...
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google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just because they hate america? >> two things to understand. number one, everything they do is completely legal. it's foreign source income that is being taxed in the countries where it's being earned. but, number, two, the u.s. has the highest corporate tax rate in the developed world. these companies if they bring that money back to the united states will be double taxed on top of what they paid oversea, yes, with some credit so maybe it doesn't get too much above 35% but we are shooting ourselves in the foot with very bad corporate tax policy. >> will president obama clahang that with this talk of corporate tax reform? >> i don't want to burst your bubble. i'm not sure the administration is serious about this. we've seen there idea of corporate tax reform and it makes our world wide tax system more expansive so companies don't even have the ability to delay the second layer of tax. i t
google stashed $10 million in bermuda, hp has almost all of its cash offshore and apple said to shareholders, two-thirds of its $121 billion of cash is held outside the united states. now why is that? is it just because they hate america? >> two things to understand. number one, everything they do is completely legal. it's foreign source income that is being taxed in the countries where it's being earned. but, number, two, the u.s. has the highest corporate tax rate in the developed...
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and decided online education is next and google didn't want to do it and we're backing him and it will be fun to see. >> marc andreessen, thank you for being here. send it back to the studios. >> this is embarrassing. she is like throwing herself at the camera. i've never seen this side of you. >> there's so few voices willing to say what he said out loud. >> andrew, we asked him to guest host. he can talk the disrupter stuff and politics. >> he's the ultimate disrupter. >> another guy came out. will you do that? >> marc? >> we will have him come out. he's on his way back. >> becky will be back by then so you don't have to worry about me. >> right. exactly. got it. >> she'll leave the ring. >> need some muscle to keep you away. >>> the weird thing with twitter you have only tweeted in your career 709 times. >> you're tracking me? >> no, i just looked. i don't know why they picked me. they must like the silent. i guess less is more because we're not big tweeters, the two of us. >> hold on. while we are on this topic and before he goes, marc andreessen not only has an investment but has
and decided online education is next and google didn't want to do it and we're backing him and it will be fun to see. >> marc andreessen, thank you for being here. send it back to the studios. >> this is embarrassing. she is like throwing herself at the camera. i've never seen this side of you. >> there's so few voices willing to say what he said out loud. >> andrew, we asked him to guest host. he can talk the disrupter stuff and politics. >> he's the ultimate...
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we will ask the man who runs google heim's millions. our chart will lay out the real case. why are so many of us willing to pay what some call the apple tax? is d.c.'s problem revenue or spending? or stat of the day will help you make up your mind, mandy, if it doesn't blow your mind, first. >> i'm ready to have my mind blown. in the meantime, the mark set looking shaky at this point and s&p may miss out on postingity first seven-day winning streak in six years. reak, by the way, folks wab was back in october 2006. let's get out to bob. let's get out to rick. first, i want to ask you, bob, how much of this is due to the fed as opposed to the fiscal cliff. >> i'm not discounting the fiscal cliff but i think a lot of this is sell on the news related to the federal reserve. we have seen this news before. remember, take a look at the s&p 500. i don't think it is a coincidence we hit the highs of year september 14th. that's the day after the fed meeting when they announced quantitative ease meetings. they bought into the fed meeting then started selling immediately after. we saw
we will ask the man who runs google heim's millions. our chart will lay out the real case. why are so many of us willing to pay what some call the apple tax? is d.c.'s problem revenue or spending? or stat of the day will help you make up your mind, mandy, if it doesn't blow your mind, first. >> i'm ready to have my mind blown. in the meantime, the mark set looking shaky at this point and s&p may miss out on postingity first seven-day winning streak in six years. reak, by the way,...
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google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shell... to a chewy vitamin core for a unique multivitamin sensation! new centrum flavor burst. >>> a very warm start to december means bare slopes at many ski resorts across the country, like here in central virginia. resorts that hoped to open this weekend are delaying those plans. >>> winter will come eventually. so, here's a warning from sweden. one very unlucky driver leaving the car window open during a storm. filling his ride, yeah, with lots of snow. good luck digging out of that one. never seen that before. look at that. >> that's unfortunate. i'm not going to be able to make it to work today. >> try the defroster, dude. >>> now, for a look at road conditions. highways can be wet from charleston, south carolina, to savannah. and showers will dampen roads around louisville, omaha and des moines. a slick ride from seattle to portland. >> and a gr
google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shell... to a chewy vitamin core for a unique multivitamin sensation! new centrum flavor burst. >>> a very warm start to december means bare slopes at many ski resorts across the country, like here in central virginia. resorts that hoped to open this weekend are delaying those...
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apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the mini isn't selling, there's no special dividend, we've got a stock chart that is the -- >> sell, sell, sell, sell! >> excuse me for a moment while i get nauseated. apple went down today because it's a big dollar amount stock and makes a ton of economic sense to ring the register before year-end. why do i always say about apple? own it. shocker. how about citigroup? this company's crushed shareholders for many, many years, but this new management team, you've got to hand it to them for taking tough medicine right before the holidays, firing 11,000 people, shutting down underperforming operations around the globe. no, i don't want to work there, and i feel terrible at the layoffs. i've got a ton of friends over citi, but i would be happy if i was a shareholder. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market
apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the mini isn't selling, there's no special dividend, we've got a stock chart that is the -- >> sell, sell, sell, sell! >> excuse me for a moment while i get nauseated. apple went down today because it's a big dollar amount stock and makes a ton of economic sense to ring the register before year-end. why do i always say about apple? own it. shocker. how about citigroup? this...
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you can google and find out who they are. >> i know who jack white is. >> jazz pianist dave brubeck died at the age of 91. they put out "take five" one of the best-selling jazz songs of all time. les munves weighed in on that angust. jones comment. he says compared to charlie sheen this is a piece of cake. he added, by the way, jones is still collecting his $300,000 a week paycheck. >> it's doing great in the ratings. >> it has buzz there. any publicity is good publicity. finally, jimmy fallon has done it again. he and mariah carey decided to get everyone in the christmas spirit. ♪ >> that just reminded me, i have to get myself my christmas sweater this year. >> i'm lynn berry. this is "first look" on msnbc. stay tuned, "way too early" starts right now. >>> it took us three months to establish trust. these guys don't trust each other. they don't even trust each other in their own party. we have leaders who are people behind them with a shift hoping they can get their job the next go around. durbin has someone looking over their back. every time they deal and over on
you can google and find out who they are. >> i know who jack white is. >> jazz pianist dave brubeck died at the age of 91. they put out "take five" one of the best-selling jazz songs of all time. les munves weighed in on that angust. jones comment. he says compared to charlie sheen this is a piece of cake. he added, by the way, jones is still collecting his $300,000 a week paycheck. >> it's doing great in the ratings. >> it has buzz there. any publicity is good...
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google stock in frankfurt down 0.4%. and after several days of public pronouncements and posturing, budget talks have privately resume between the staff of john boehner and the white house. this breaks a near week long silence between the two sides as the deadline to avoid the fiscal cliff looms. president obama and boehner spoke by phone on wednesday and promised to renew the negotiations. hurricane sandy expected to put a big dent in the u.s. jobs report out at 8:30 eastern. nonfarm payrolls are forecast to have risen just 80,000, versus 171,000 in october. it would be the smallest job growth in five months. sandy which truck strustruck at of october battered the east coast, but economists expect a snap back in december. unemployment forecast to hold steady at 7.9%. and besides the jobs report, other items on the agenda in the united states, two other pieces of economic data, the first is the read on december consumer sentiment, due out at 9:55 eastern. forecasts call for sentiment to slip to 82 this month down nearly
google stock in frankfurt down 0.4%. and after several days of public pronouncements and posturing, budget talks have privately resume between the staff of john boehner and the white house. this breaks a near week long silence between the two sides as the deadline to avoid the fiscal cliff looms. president obama and boehner spoke by phone on wednesday and promised to renew the negotiations. hurricane sandy expected to put a big dent in the u.s. jobs report out at 8:30 eastern. nonfarm payrolls...
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liz: google up, apple down. ciena, a company that makes things go through thh pipe of the band with missing street expectations and lowered guidance for the current quarter but the stock is hanging tough higher by more than 5% since the open and has since pulled back but what are investors seeing heading into next year and how will competitors derail the current run? gary smith, ciena ceo from baltimore, maryland. thank you for joining us. >> thank you for having me. >> every kid, everybody we know is buying a brand-new smartphone constantly upgrading. i would have thought you wouldn't miss estimates because they would have to be buying more equipment to absorb the new and bigger traffic. what went wrong in the quarter? >> expanding in a market that's declined last year about 7%, so we took market share for sure this year and we are very well positioned. our backlog increased by 25%. we are very well positioned to ride the growth curve. liz: you are up 46% over the past year. a huge short for it, 30% is shorter,
liz: google up, apple down. ciena, a company that makes things go through thh pipe of the band with missing street expectations and lowered guidance for the current quarter but the stock is hanging tough higher by more than 5% since the open and has since pulled back but what are investors seeing heading into next year and how will competitors derail the current run? gary smith, ciena ceo from baltimore, maryland. thank you for joining us. >> thank you for having me. >> every kid,...
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respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >> thank you. time for the "power lunch" rundown. welcome, gentlemen. first up treasury selling remaining aig shares and nets $22.7 billion in the process. a nice tidy sumbu it took a while and it was a lot of hard work to get that. >> yes, the question for historians to debate is whether or not the success of this aig bail ott will encourage future generations of lawmakers to say, hey, you know what, last trim we made $22 billion. let's do it again. it seems to work. that's the question from now until the next major financial collapse. i hope that's a long time from now but it's something to think about. >> i want to put out $22 billion sounds like a lot of money but only about a 3% return per year. the treasury really isn't as great a
respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >> thank you. time for the "power lunch" rundown. welcome, gentlemen. first up treasury selling remaining aig shares and...
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by analysts a forecast by an influential research firm suggesting the iphone iphone is giving up to google's headlines. apple accounts for the entirely of the mass dnasdaq's fall of 1. apple is enjoying its best day since early last week. didn't close on its highs but equities up 8% points or so. futures back in positive territory, up 15 and down and up five or so. everybody's watching what's going on in d.c. overnight in asia it was mixed but not big moves sni where, japan had a good day and in europe we have green roar rows yesterday morning which pour tended good things for us here, germany doing the best. >> as expect the bank of england and european central banks left their ratings unchanged. mario draghi will hold his post meeting news conference. steve liesman has more exclusive raults from our all-america economic survey. >> what do people think about the fiscal cliff. consumer confidence has remind high. business confidence is down so the first thing we want to know, that's not the right chart, we want to do on whether or not people heard about the fiscal cliff. have you heard of it
by analysts a forecast by an influential research firm suggesting the iphone iphone is giving up to google's headlines. apple accounts for the entirely of the mass dnasdaq's fall of 1. apple is enjoying its best day since early last week. didn't close on its highs but equities up 8% points or so. futures back in positive territory, up 15 and down and up five or so. everybody's watching what's going on in d.c. overnight in asia it was mixed but not big moves sni where, japan had a good day and...